Omerelu is a conventional oil development located onshore Nigeria and is operated by Niger Delta Petroleum Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Omerelu was discovered in 1975, lies in block Omerelu (OML 53). Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2024. The Omerelu conventional oil development will involve the drilling of approximately one wells.
Field participation details
The field is owned by Niger Delta Exploration & Production.
Production from Omerelu
Production from the Omerelu conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 2,672 bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2095.
Remaining recoverable reserves
The field is expected to recover 24.10 Mmboe, comprised of 20.01 Mmbbl of crude oil & condensate and 24.57 bcf of natural gas reserves.
For more details on the Omerelu Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
